MANILA, Oct 19 (Reuters): The Philippines' PXP Energy Corp said on Monday it was in negotiations with China National Offshore Oil Corp (CNOOC) for a joint oil and gas development in the South China Sea after President Rodrigo Duterte lifted a six-year moratorium on drilling activities in the disputed area.
PXP said the Philippines was discussing a memorandum of understanding with Beijing at the moment on the joint development.
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